NEWS
Brazil's Next Crop Soy Sales Sluggish
Alastair Stewart South America Correspondent
Wed May 29, 2013 04:39 PM CDT

SAO PAULO, Brazil (DTN) -- Forward sales of Brazil's 2013-14 soybean crop have been extremely sluggish amid the massive uncertainties surrounding the upcoming season.

Farmers have only committed about 5% of their projected 2013-14 soybean crop compared with nearly 40% at the same time last year, according to Fernando Muraro of the AgRural grains consultancy.

"A lot of decisions have yet to be made about the 2013-14 crop," the analyst told a farm conference in Sao Paulo.

The principle question is whether farmers will make any money out of planting soybeans next year.

Margins have been extremely healthy for the ...

Quick View
  • Crop Tech Corner In this week's Crop Tech Corner, a community of Arkansas farmers have successfully banded togethe...
  • Market News AgriClear is not an auction, but an online digital sales floor where buyers and sellers negotiate...
  • UAS Research Takes Off Key members of the House and Senate last week praised the Federal Aviation Administration for sel...
  • "Total Market Isn't Dead" Used equipment inventories are escalating.
  • Rain, Rain, Go Away Waterlogged and flooded fields in much of the Midwest are putting corn and soybean fields at risk...
  • Feds to Examine Biotech Rules In a memo to USDA, FDA and EPA, the White House stated that a review of biotech regulations was n...
  • Evolution of Farm Kid Jobs DTN Staff Reporter Russ Quinn reflects on the farm activities of his youth that his children will...
  • IARC: Possible 2,4-D Cancer Link The International Agency for Research on Cancer has classified the herbicide 2,4-D as possibly ca...
  • Ask the Vet How do I know what minerals my cows need and how much?
Related News Stories
DTN South America Calling Blog
Second Corn Crop a Record
Brazil 2014-15 Soy Crop Sales Lag
Poor Roads Raise Brazil Grain Costs